Tag Archives: oil price

Two Views of our Current Economic and Energy Crisis

As the US heads toward debt default and continues with government shutdown, the underlying reason for the predicament is generally not clear to the American people or the world. The story that the press has generally been feeding us places … Continue reading

Posted in Financial Implications | Tagged , , , , , , | 388 Comments

Oil Limits and Climate Change

They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought on by high oil prices and other limits, then, at least in theory, climate change should … Continue reading

Posted in Energy policy | Tagged , , , , | 159 Comments

Reaching Oil Limits – New Paradigms are Needed

I have written in recent posts that oil limits are more complex than what many have imagined. They aren’t just a lack of a liquid fuel; they are inability to compete in a global economy that is based on use … Continue reading

Posted in Planning for the Future | Tagged , , | 224 Comments

Low Oil Prices Lead to Economic Peak Oil

We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and falls for economic reasons? If this is the issue, it doesn’t … Continue reading

Posted in Financial Implications | Tagged , , , , | 225 Comments

How Oil Exporters Reach Financial Collapse

Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial collapse. Unfortunately, we have many examples of countries that … Continue reading

Posted in Financial Implications | Tagged , , , , , , , | 137 Comments